iShares Russell 1000 Growth ETF $IWF Shares Sold by Stephens Group Asset Management LLC

Stephens Group Asset Management LLC cut its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 8.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 180,004 shares of the exchange traded fund’s stock after selling 17,646 shares during the quarter. iShares Russell 1000 Growth ETF accounts for 5.7% of Stephens Group Asset Management LLC’s investment portfolio, making the stock its 8th largest position. Stephens Group Asset Management LLC owned approximately 0.07% of iShares Russell 1000 Growth ETF worth $84,316,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Graves Light Lenhart Wealth Inc. increased its stake in iShares Russell 1000 Growth ETF by 56.6% in the third quarter. Graves Light Lenhart Wealth Inc. now owns 1,312 shares of the exchange traded fund’s stock valued at $615,000 after purchasing an additional 474 shares during the last quarter. Thrive Wealth Management LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 26.3% during the 3rd quarter. Thrive Wealth Management LLC now owns 3,435 shares of the exchange traded fund’s stock worth $1,609,000 after buying an additional 716 shares during the last quarter. Old Port Advisors acquired a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter valued at $204,000. SMI Advisory Services LLC grew its position in shares of iShares Russell 1000 Growth ETF by 2,606.1% in the 3rd quarter. SMI Advisory Services LLC now owns 37,966 shares of the exchange traded fund’s stock valued at $17,842,000 after buying an additional 36,563 shares during the last quarter. Finally, AssuredPartners Investment Advisors LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter valued at $209,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

IWF opened at $469.79 on Wednesday. The stock has a market capitalization of $121.98 billion, a P/E ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $493.00. The business’s 50-day simple moving average is $473.90 and its 200-day simple moving average is $450.93.

About iShares Russell 1000 Growth ETF

iShares Russell 1000 Growth ETF (the Fund), formerly iShares Russell 1000 Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment returns that correspond generally to the price and yield performance of the Russell 1000 Growth Index (the Index). The Index measures the performance of equity securities of Russell 1000 index issuers with relatively higher price-to-book ratios and higher forecasted growth.